Italy: Special settlement procedure for IT0004716319 and IT0005252520


Monte Titoli has established a special settlement procedure in order to correctly manage the calculation of the interest under accrual of the following CCTeu (Certificato di Credito del Tesoro indicizzato all’Euribor) with coupon payment on 15 October 2017:

  • IT0004716319 CCTeu 15/04/11 - 15/04/18 TV
  • IT0005252520 CCTeu 15/04/17 - 15/10/24 TV

According to the special settlement procedure, all trades in these securities sent to the X-TRM system on 12 October 2017, with settlement date 16 October 2017 or later, will be processed only after the Bank of Italy’s communication of the new interest rates.

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